Leverage on London Breakout

Dirk Groenewald

Forum Newbie
I want to trade EURUSD, EURJPY, USDCAD, GBPJPY, GBPUSD, USDCHF, and EURGBP AND USDJPY.

I want to deposit $10 000 at Go Market. They give me leverage to choose of 50:1 100:1 200:1 and 300:1. Now for me to trade these 8 currencies, what is the best leverage? Go Market cannot advise me what to do. I want to trade the London breakout. I will use a 1% stop loss (RR of $100) and take profit at 1:1. Any advice on leverage?
 
Top